I am seeing a nice potential setup with EJ reaching trendline and fibonacci 78.6 level.
On H1 trendline was broken, but momentum was strong.
TP is 123.200
On H1 trendline was broken, but momentum was strong.
TP is 123.200
Trade active
Lets place stop loss to break even. Fundamentals are in favor of yen, which means EJ would go down.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.